distribution reinvestment plan
APA Group’s Distribution Reinvestment Plan (DRP) is not currently in operation following the decision on 19 June 2013 of the Board of Australian Pipeline Limited, as Responsible Entity, to suspend the DRP until further notice.
When it operated, the DRP allowed securityholders to have their semi-annual distributions automatically reinvested into additional securities in APA Group, at a discount to the market price, without brokerage or other transaction costs. Participation in the DRP was optional.
Securities were issued at a discount to the market price, as set by the Responsible Entity from time to time, with the market price being calculated as the weighted average price of all APA Group's stapled securities sold on the ASX over a period of ten trading days ending on the fifth trading day prior to the date scheduled for payment of the relevant distribution (or an alternative period thought to be appropriate by the Responsible Entity).
DRP Price
Period End | Allotment | DRP Price |
---|---|---|
31 December 2012 |
13 March 2013 |
$5.91 |
30 June 2012 |
14 September 2012 |
$4.69 |
31 December 2011 |
15 March 2012 |
$4.73 |
30 June 2011 |
15 September 2011 |
$3.88 |
31 December 2010 |
17 March 2011 |
$3.95 |
30 June 2010 |
15 September 2010 |
$3.69 |
31 December 2009 |
17 March 2010 |
$3.37 |
30 June 2009 |
15 September 2009 |
$2.87 |
31 December 2008 |
27 March 2009 |
$2.54 |
30 June 2008 |
10 September 2008 |
$2.65 |
31 December 2007 |
28 March 2008 |
$2.84 |
30 June 2007 * |
28 September 2007 |
$3.64 |
31 March 2007 * |
29 June 2007 |
$4.18 |
31 December 2006 * |
30 March 2007 |
$4.06 |
30 September 2006 * |
18 December 2006 |
$4.10 |
30 June 2006 * |
29 September 2006 |
$4.56 |
31 March 2006 * |
30 June 2006 |
$4.08 |
30 September 2004 * |
30 December 2004 |
$3.07 |
30 June 2004 * |
27 September 2004 |
$2.67 |
31 March 2004 * |
24 June 2004 |
$2.59 |
31 December 2003 * |
29 March 2004 |
$2.58 |
30 September 2003 * |
29 December 2003 |
$2.50 |
30 June 2003 * |
25 September 2003 |
$2.73 |
* Quarterly periods
If you have any questions regarding the DRP, please contact Link Market Services on 1800 992 312 or your financial adviser or stockbroker.